SRINAGAR, Oct. 15 -- Commissioner State Taxes Jammu and Kashmir P.K. Bhat has set a monthly revenue target of Rs.800 crore and directed officials in Kashmir Division to intensify tax compliance monitoring, improve collections and take strict action against fraudulent input tax credit (ITC) claims.
The directions were issued at a review meeting attended by Additional Commissioner State Taxes, Kashmir Division, Parveez Ahmad Raina, and State Taxes Officers from across the division.
Reviewing revenue performance, Bhat said the impact of Goods and Services Tax (GST) rate rationalisation had largely stabilised and called for efforts to keep Jammu and Kashmir's revenue growth in line with the national trend, where GST revenue growth exceeds 15 ...